NOT LISTED FOR SALE

604 N Isabel St Glendale, CA 91206

City Center Neighborhood

Estimated Value: $1,540,000 - $1,708,325

3 Beds
5 Baths
2,263 Sq Ft
$712/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $1,500,000 $663 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,224/month

2 Days on Market

Highlights

  • Spa
  • Wood Siding
  • 1-Story Property
  • Gated Home

About This Home

As of January 2022

Wonderful opportunity to own this craftsman fourplex located in one the most desirable areas of Glendale. Walk to the Americana and the Galleria Mall. Rents have upside potential. Monthly income of $7000 per month. With community coin laundry as an additional income. Front building consists of two units. The front home is a 2-bedroom 2-bathroom. Additionally there is an attached studio in the front with full kitchen and bath. Back building offers a one bedroom unit as well as a studio both with full kitchen and baths. There are two private garages as well as a shared laundry room! Units have been updated and well maintained. Centrally located property with long term Tenants!!!

Last Agent to Sell the Property

Marvin Gomez

Keller Williams San Diego Metro License #02049372 Listed on: 12/03/2021

Keller Williams San Diego Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,332

Year Built

  • Built in 1921

Lot Details

  • 7,012 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Parking

  • RV Potential

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Spa

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 5643-013-021

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • N/K Community

Building Details

  • Net Operating Income $90,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,332

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: E Doran St
  • Neighborhood: Glendale
  • Miscellaneous: Value in Land
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1921
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Brick, Wood
  • Fencing: Gate, Partial
  • Roof: Composition
  • Spa Heat: Electric, Gas

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: OUT OF AREA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 5643-013-021
  • Estimated Lot Sq Ft: 7012

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 90000
  • Gross Rent Multiplier Actual: 21.05
  • Gross Sched Income Actual: 90000
  • Number Of Buildings: 3
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 7, 2022
Sold by
George Salibian
Bought by
Ghiam Mehrnoosh Saghizadeh and Ghiam Ghodratollah
Seller's Agent
Marvin Gomez
Keller Williams San Diego Metro
List Price
$1,589,000
Sold Price
$1,500,000
Premium/Discount to List
-$89,000
-5.6%
Current Estimated Value
$1,611,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,331
Avg. Annual Appreciation
2.01%
Original Mortgage
$1,125,000
Outstanding Balance
$1,041,057
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$570,274

Purchase Details

Closed on
Jun 14, 2018
Sold by
Asp Holdings Llc
Bought by
Salibian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Pezeshkian Alan
Bought by
Asp Holdings Llc

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 28, 2015
Sold by
Pezeshkian Sabin
Bought by
Pezeshkian Alan
Seller's Agent
Mark Walker
Nourmand & Associates-HW
Buyer's Agent
Pakrad Markarian
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 23, 2015
Sold by
Wray Stephanie L
Bought by
Pezeshkian Alan
Seller's Agent
Mark Walker
Nourmand & Associates-HW
Buyer's Agent
Pakrad Markarian
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Wray Amanda L
Bought by
Wray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2004
Sold by
Wray Amanda L
Bought by
Wray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Wray Stephanie L
Bought by
Wray Stephanie L and Wray Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2003
Sold by
Boghossian Armen and Boghossian Katherine
Bought by
Wray Stephanie L and Wray Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2002
Sold by
Frazier Clay and Frazier Paula
Bought by
Boghossian Armen and Boghossian Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.89%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Frazier Clay and Frazier Paula
Bought by
Midstream Exchange Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,600
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1999
Sold by
Nourse Robert V And Jane L Family Trust
Bought by
Frazier Clay and Frazier Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ghiam Mehrnoosh Saghizadeh $1,500,000 California Title Company
Salibian George $1,150,000 Lawyers Title
Asp Holdings Llc -- Lawyers Title
Pezeshkian Alan -- North American Title
Pezeshkian Alan $850,000 North American Title
Wray Stephanie L -- --
Wray Stephanie L -- Stewart Title
Wray Stephanie L -- --
Wray Stephanie L $649,000 Equity Title Company
Boghossian Armen $490,000 First Southwestern Title Co
Midstream Exchange Company -- --
Frazier Clay -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghiam Mehrnoosh Saghizadeh $1,125,000
Previous Owner Salibian George $650,000
Previous Owner Pezeshkian Alan $250,000
Previous Owner Pezeshkian Alan $250,000
Previous Owner Wray Stephanie L $608,000
Previous Owner Wray Stephanie L $70,000
Previous Owner Wray Stephanie L $517,500
Previous Owner Wray Stephanie L $469,900
Previous Owner Boghossian Armen $392,000
Previous Owner Midstream Exchange Company $211,600
Previous Owner Frazier Clay $400,000
Previous Owner Frazier Clay $144,000
Closed Boghossian Armen $49,000
Closed Wray Stephanie L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $1,500,000 -5.6% $663 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $1,589,000 +86.9% $702 / Sq Ft
12/30/2015 12/30/15 Sold $850,000 -2.9% $376 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $875,000 0.0% $387 / Sq Ft
10/24/2012 10/24/12 Rented $925 0.0% --
10/24/2012 10/24/12 Under Contract -- -- --
09/07/2012 09/07/12 For Rent $925 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,332 $1,591,811 $955,087 $636,724
2024 $17,332 $1,560,600 $936,360 $624,240
2023 $16,937 $1,530,000 $918,000 $612,000
2022 $13,488 $1,208,853 $840,942 $367,911
2021 $13,259 $1,185,151 $824,453 $360,698
2020 $13,070 $1,174,320 $816,000 $358,320
2019 $12,753 $1,151,320 $800,000 $351,320
2018 $9,841 $885,660 $530,604 $355,056
2016 $9,390 $850,000 $510,000 $340,000
2015 $8,154 $740,000 $651,300 $88,700
2014 $8,252 $740,000 $651,300 $88,700
Source: Public Records

Agents Affiliated with this Home

  • Marvin Gomez

    Seller's Agent in 2022

    Marvin Gomez

    Keller Williams San Diego Metro

    (858) 257-8509

    1 in this area

    60 Total Sales

    Marvin Gomez
    Section Image
  • Mark Walker

    Seller's Agent in 2015

    Mark Walker

    Nourmand & Associates-HW

    (818) 438-3342

    36 Total Sales

    Mark Walker
    Section Image

  • P

    Buyer's Agent in 2015

    Pakrad Markarian

  • F

    Buyer's Agent in 2012

    Fred Herrman

See All Agents

Map

Source: San Diego MLS

MLS Number: 210032552

San Diego MLS

APN: 5643-013-021

California Los Angeles County Glendale 91206 City Center

604 N Isabel St, Glendale, CA

This home is located at 604 N Isabel St, Glendale, CA 91206 since 03 December 2021 and is currently estimated at $1,611,331, approximately $712 per square foot. This property was built in 1921. 604 N Isabel St is a home located in Los Angeles County with nearby schools including R.D. White Elementary School, Woodrow Wilson Middle School, and Glendale High School.

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